Bri-Chem Corp. (TSE:BRY – Get Free Report) shares hit a new 52-week high on Tuesday . The stock traded as high as C$0.39 and last traded at C$0.39, with a volume of 7500 shares changing hands. The stock had previously closed at C$0.37.
Bri-Chem Stock Performance
The company has a 50-day moving average price of C$0.29 and a two-hundred day moving average price of C$0.26. The stock has a market capitalization of C$10.31 million, a P/E ratio of 9.75 and a beta of -1.07. The company has a quick ratio of 0.72, a current ratio of 1.22 and a debt-to-equity ratio of 74.44.
About Bri-Chem
Bri-Chem Corp supplies drilling fluids for the oil and gas industries. The company provides drilling fluid products, cementing, acidizing and stimulation additives from multiple strategically located warehouses throughout Canada and the United States. Its segments are Fluids Distribution Canada, Fluids Distribution USA, Fluids Blending and Packaging Canada, Fluids Blending and Packaging USA, and Other. A majority of its revenue is derived from the distribution of fluids in the United States of America.
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